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Tunisia: City Cars’ turnover up compared to 2015

According to its indicators of activity in the first six months of 2016? City Cars has seen its turnover increase by 7.15% to 71 million Tunisian dinars (MTD).

The operating profit of the company posted a growth of 5.68% compared to the first half of 2015, increasing from 6.919 to 7.312 MTD.

Net financial expenses amounted to 135.7 thousand dinars against 60.5 thousand dinars a year earlier. Investment products fell from 2.085 to 1.815 MTD. The company also recorded revenue on non-recurring items of around 0.705 MTD.

City Cars has posted a half-year net profit of 7.925 MD at end June 2016 against 7.194 on the same date in 2015, up 10.16%.

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